Donahue outlines U.S. Chamber's legislative priorities

Friday, January 11, 2013

Domestic energy production, expanding trade opportunities, and regulatory,immigration and budget reforms, are key areas Washington should focus on this year to speed up U.S. economic growth, U.S. Chamber of Commerce President Thomas Donahue said Thursday in his annual "State of American Business" address. The nation's largest business federation is forecasting the U.S. economy will grow 1.5 to 1.75 percent in the first half of the year and gradually accelerate to 2.5 percent by the end of the year. The projected growth rate is about the same as the tepid growth for the first three quarters of 2012, although third quarter Gross Domestic Product grew at an annual rate of 3.1 percent, but would be sufficient to keep the country o...